January 13 (SeeNews) - Romania's finance ministry on Thursday rejected all bids for 300 million lei ($70 million/61 million euro) of new Treasury bills maturing on January 16 2023, data from the country's central bank showed.
Total bids placed totaled 327.8 million lei, slightly above the sum asked by the ministry, the data indicated.
Also on Thursday, the finance ministry sold a more than planned 915 million lei of Treasury bonds maturing on September 24 2031.
Details on the issue follow:
Auction date |
January 13 |
Amount offered (mln lei) |
300.0 |
Amount sold (mln lei) |
0 |
Total bids placed (mln lei) |
327.8 |
Bid-to-cover ratio |
- |
Yield (%) |
- |
Romania's finance ministry said it intends to sell 5 billion lei worth of government securities in January, including 615 million lei in non-competitive offers.
So far this year, Romania has sold roughly 2.2 billion lei in government bonds.
(1 euro=4.9435 lei)